GREY:FEVCF - Post by User
Comment by
staolinon Feb 18, 2010 3:35pm
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Post# 16797042
RE: Are they Not Going to Raise $$$$$
RE: Are they Not Going to Raise $$$$$They're being funded by cash flow and by some of the directors for the time being.
Yearly financial statement out by end of March.
Sales going to pickup in March.
Sounds like they are going to wait to raise money until the orders start to pickup. Then they will know if they need extra capital to make it through the year, or if they need it to expand. Plus the SP will be higher by then and more favourable for any equity financing.